Wells Fargo KLA · KLAC

Wells Fargo Raises KLA Price Target to $2,100

Analyst: Joseph Quatrochi 1 min read Reproduced verbatim
Rating
Overweight
Target
$2,100
from $1,900 (+11%)
Outcome
Reached
on June 3, 2026
Wells Fargo and KLA logos

What the analyst said

Wells Fargo analyst Joseph Quatrochi raised the price target on KLA Corporation (NASDAQ: KLAC) to $2,100.00 (from $1,900.00) while maintaining an Overweight rating.

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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

KLAC trades at $138. The 11 analysts who set a target in the last 3 months range from $180 to $275, with a median of $220. This $2,100 target is 855% above the median, the highest on the Street.

Since the note KLAC has moved −24% (from $182). 12-month window: day 191 of 365, closes on April 30, 2027.

Track record

This call✓ Target reached on June 3, 2026, 34 days after the note. Prices are split-adjusted.

Firm track recordWells Fargo: 65% of its 34 targets at least a year old were reached within 12 months (#21 of 26 firms). Accuracy ranking →

Earnings reactionOne of 12 notes after KLA’s Apr 29 results: 11 raised · 1 cut · 0 kept. See every call →

Wells Fargo on KLA

Wells Fargo price targets on KLA

6 calls from January 15, 2026 to October 29, 2026. The target went from $1,600 to $2,100 (+31%). The rating stayed Buy.

Wells Fargo targetKLAC share price
  1. October 29, 2026Target cut from $2,450 (−14%)Buy$2,100
  2. July 29, 2026Target cut from $3,050 (−20%)Buy$2,450
  3. June 22, 2026Target raised from $2,100 (+45%)Buy$3,050
  4. April 30, 2026 This noteTarget raised from $1,900 (+11%)Buy$2,100
  5. January 30, 2026Target raised from $1,600 (+19%)Buy$1,900
  6. January 15, 2026Earliest call shownBuy$1,600

Targets are adjusted for the 10-for-1 split on Jun 12, 2026, so every call is in the same share terms as this note.

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Other analysts on KLA

BernsteinBuy Cut price target −10%, kept rating Oct 29 $225from $250 CantorBuy Cut price target −31%, kept rating Oct 29 $225from $325 Morgan StanleyBuy Cut price target −3%, kept rating Oct 29 $220from $227 UBSHold Cut price target −5%, kept rating Oct 29 $180from $190 SusquehannaHold Cut price target −12%, kept rating Oct 29 $190from $215
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.